Alibaba has dominated the IPO headlines, but LendingClub's plans to raise $500 million in an offering likely has greater relevance to Americans.» Read More
NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 200 shares changed hands, a 92.3 decrease from its 65- day average volume. The shares rose$. 09 or 1.6 percent to $5.85.
Bank of America Corp. fell$. 13 or. 8 percent, to $16.20. Citigroup Inc. fell$. 27 or. 5 percent, to $51.86. Morgan Stanley fell$. 27 or. 8 percent, to $34.13.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors directly, filed with U.S. regulators for an initial public offering of common stock. LendingClub's investors include Norwest Venture Partners, Foundation Capital LP, Morgenthaler Venture Partners and Canaan LP.
Paramount has over 16.5 million square feet of prime office space and several buildings in major cities, including San Francisco's landmark One Market Plaza building, Washington DC's Liberty Place and Paramount Plaza on Broadway.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.
The company listed BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities as underwriters.
NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..
-Charles Schwab Corp. has lost a $15 million arbitration case against Morgan Stanley, which it accused of improperly recruiting brokers from a Schwab San Francisco branch who left with confidential information. Schwab accused Morgan Stanley of maliciously organizing an "actionable raid" of the branch.
Bank of America Corp. rose$. 04 or. 2 percent, to $16.33. Citigroup Inc. rose$. 50 or 1.0 percent, to $52.13. Goldman Sachs rose$. 03 or percent, to $177.90.
Bank of America Corp. rose$. 07 or. 4 percent, to $16.36. Citigroup Inc. rose$. 55 or 1.1 percent, to $52.18. Wells Fargo rose$. 07 or. 1 percent, to $51.52.
Bank of America Corp. rose$. 13 or. 8 percent, to $16.42. Citigroup Inc. rose$. 33 or. 6 percent, to $51.96. Goldman Sachs rose$. 47 or. 3 percent, to $178.34.
WASHINGTON— U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. "Enthusiastic households are more likely to open their wallets in the coming months and support solid output growth in the second half of the year," said Gregory Daco, an economist at Oxford Economics.
Bank of America Corp. rose$. 16 or 1.0 percent, to $16.29. Citigroup Inc. rose$. 70 or 1.4 percent, to $51.63. Goldman Sachs rose $2.40 or 1.4 percent, to $177.87.
The company counts funds affiliated with Sequoia Capital, Charles River Ventures and General Catalyst Partners among its stockholders. Marketing software company Yodle Inc, backed by investors such as Draper Fisher Jurvetson, Bessemer Venture Partners and Jafco Technology Partners, also filed for an IPO in July.
NEW YORK, Aug 25- The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by financials and biotechnology stocks.
Aug 25- Marketing software provider HubSpot Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock. The Cambridge, Massachusetts- based company listed Morgan Stanley, UBS and JP Morgan among the underwriters to the IPO.
NEW YORK, Aug 25- A New York broker went on trial on Monday over a U.S. securities regulator's claims he participated in a scheme designed by a Morgan Stanley employee to profit from the death of terminally ill patients through variable annuity sales.
NEW YORK, Aug 25- The S&P 500 briefly hurdled above 2,000 for the first time on Monday, with financials and biotechnology stocks lifting the benchmark index to a record as investors make equities their asset of choice.
Biotechs rallied after Roche Holding AG agreed to buy InterMune Inc for $8.3 billion in cash, the latest vote of confidence in a sector that many, including Federal Reserve Chair Janet Yellen, are worried is overvalued. InterMune jumped 36 percent to $73.00, with the Nasdaq Biotech index up 2.4 percent.
Bank of America Corp. rose$. 21 or 1.3 percent, to $16.34. Citigroup Inc. rose$. 00 or 2.0 percent, to $51.93. Goldman Sachs rose $3.23 or 1.8 percent, to $178.70.